Can I retire at age 50 with 875,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $875,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.6%
1 years$72,257$71,613$70,985$70,372$69,774$69,305
2 years$35,771$35,104$34,459$33,833$33,226$32,753
3 years$23,610$22,941$22,297$21,677$21,080$20,618
4 years$17,531$16,864$16,227$15,617$15,034$14,586
5 years$13,885$13,222$12,593$11,995$11,429$10,996
6 years$11,455$10,797$10,177$9,593$9,043$8,627
7 years$9,719$9,067$8,457$7,887$7,355$6,954
8 years$8,419$7,772$7,172$6,616$6,101$5,718
9 years$7,407$6,767$6,177$5,635$5,138$4,771
10 years$6,599$5,965$5,385$4,858$4,378$4,026
11 years$5,938$5,310$4,741$4,228$3,765$3,429
12 years$5,387$4,766$4,208$3,708$3,263$2,942
13 years$4,922$4,307$3,759$3,274$2,845$2,540
14 years$4,523$3,915$3,378$2,906$2,494$2,204
15 years$4,178$3,576$3,050$2,592$2,196$1,920
16 years$3,877$3,281$2,765$2,321$1,941$1,679
17 years$3,611$3,022$2,516$2,085$1,721$1,472
18 years$3,375$2,792$2,297$1,879$1,530$1,295
19 years$3,164$2,588$2,103$1,698$1,364$1,141
20 years$2,974$2,405$1,930$1,538$1,218$1,007
21 years$2,802$2,240$1,775$1,396$1,090$891
22 years$2,647$2,091$1,636$1,269$977$789
23 years$2,505$1,956$1,510$1,156$877$700
24 years$2,375$1,832$1,397$1,054$788$622
25 years$2,256$1,720$1,294$963$709$553
26 years$2,146$1,616$1,200$880$639$492
27 years$2,044$1,521$1,114$806$576$438
28 years$1,950$1,433$1,036$738$520$390
29 years$1,863$1,352$964$677$469$348
30 years$1,781$1,277$898$621$424$310
31 years$1,705$1,207$837$571$383$277
32 years$1,634$1,142$781$524$347$247
33 years$1,567$1,082$729$482$314$221
34 years$1,504$1,025$681$444$284$197
35 years$1,445$972$637$408$257$176
36 years$1,390$923$596$376$233$158
37 years$1,337$877$558$347$211$141
38 years$1,288$833$522$319$192$126
39 years$1,241$792$489$295$174$113
40 years$1,196$754$459$272$158$101
41 years$1,154$717$430$251$143$90
42 years$1,114$683$403$231$130$81
43 years$1,076$651$379$214$118$72
44 years$1,040$620$355$197$107$65
45 years$1,005$592$334$182$97$58
46 years$972$564$313$168$88$52
47 years$941$539$294$155$80$47
48 years$911$514$277$144$73$42
49 years$882$491$260$133$66$37
50 years$854$469$244$123$60$33

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 50 starting with $875,000, adding $3,848 every year, while hoping to spend $25,539 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 64/21/15 Blend
49$875,000$875,000$875,000$875,000
50$968,219$921,844$908,282$1,026,425
51$1,039,804$939,841$911,536$1,083,892
52$1,117,835$957,864$914,043$1,143,353
53$1,202,942$975,887$915,751$1,207,684
54$1,295,819$993,883$916,606$1,277,358
55$1,397,230$1,011,821$916,550$1,352,900
56$1,508,017$1,029,669$915,523$1,434,886
57$1,629,103$1,047,392$913,462$1,523,951
58$1,761,510$1,064,952$910,301$1,620,797
59$1,906,359$1,082,309$905,971$1,726,193
60$2,064,885$1,099,420$900,399$1,840,993
61$2,238,449$1,116,238$893,508$1,966,132
62$2,428,550$1,132,712$885,219$2,102,644
63$2,636,837$1,148,790$875,449$2,251,669
64$2,865,127$1,164,413$864,110$2,414,462
65$3,115,422$1,179,522$851,109$2,592,406
66$3,389,926$1,194,049$836,352$2,787,027
67$3,691,066$1,207,925$819,737$3,000,006
68$4,021,516$1,221,075$801,160$3,233,196
69$4,384,222$1,233,419$780,511$3,488,640
70$4,782,428$1,244,872$757,673$3,768,590
71$5,219,709$1,255,344$732,528$4,075,528
72$5,700,000$1,264,736$704,949$4,412,190
73$6,227,639$1,272,948$674,804$4,781,591
74$6,807,404$1,279,868$641,955$5,187,057
75$7,444,558$1,285,380$606,260$5,632,250
76$8,144,901$1,289,361$567,567$6,121,211
77$8,914,819$1,291,678$525,719$6,658,392
78$9,761,352$1,292,192$480,552$7,248,700
79$10,692,254$1,290,753$431,894$7,897,546
80$11,716,068$1,287,204$379,567$8,610,892
81$12,842,206$1,281,377$323,382$9,395,311
82$14,081,041$1,273,094$263,145$10,258,049
83$15,443,998$1,262,167$198,651$11,207,090
84$16,943,668$1,248,395$129,688$12,251,238
85$18,593,922$1,231,566$56,032$13,400,195
86$20,410,044$1,211,455$0$14,664,656
87$22,408,877$1,187,825$0$16,060,022
88$24,608,977$1,160,422$0$17,605,477
89$27,030,790$1,128,980$0$19,306,406
90$29,696,846$1,093,216$0$21,178,637
91$32,631,971$1,052,831$0$23,239,612
92$35,863,520$1,007,507$0$25,508,554
93$39,421,633$956,909$0$28,006,646
94$43,339,525$900,683$0$30,757,237
95$47,653,794$838,454$0$33,786,055
96$52,404,768$769,826$0$37,121,454
97$57,636,886$694,378$0$40,794,684
98$63,399,115$611,669$0$44,840,184
99$69,745,413$521,230$0$49,295,905
100$76,735,242$422,566$0$54,203,674